PPP Loan information for New england electrical systems inc.

$81,936

New england electrical systems inc. was initially approved for PPP Loan of amount $81,936, the current approved amount is $81,936. The loan was approved on 03/12/2021 by The North Easton Savings Bank reported 4 jobs and $81,936 was used to fund payroll.

New england electrical systems inc. is Existing or more than 2 years old

PPP Loan Search / MA / Foxborough / New england electrical systems inc.

NEW ENGLAND ELECTRICAL SYSTEMS INC.

Date Approved

03/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

NEW ENGLAND ELECTRICAL SYSTEMS INC.

Borrower Address

17 Ridge Rd

Borrower City

Foxborough

Borrower State

MA

Borrower Zip

02035-1417

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

81935.75

Current Approval Amount

81935.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33192

Servicing Lender Name

North Easton Savings Bank

Servicing Lender Address

20 Eastman St

Servicing Lender City

SOUTH EASTON

Servicing Lender State

MA

Servicing Lender Zip

02375-1249

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Foxborough

Project County Name

NORFOLK

Project State

MA

Project Zip

02035-1417

CD

MA-04

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

81931.75

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33192

Originating Lender

North Easton Savings Bank

Originating Lender City

SOUTH EASTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82532.87

Forgiveness Date

12/07/2021

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